Swiss expansion

The fourth-largest investment fund in Poland has announced it plans to widen its offer with a new umbrella fund. Światowy Fundusz Walutowy (World Foreign Exchange Fund) will make it possible to invest in the euro, US dollar, UK pound, Swiss franc and Japanese yen.

PKO/CS TFI SA is also going to launch its Nowa Europa (New Europe) fund that will allow clients to invest their money in OECD countries and all EU member states.

"Nowa Europa is mainly going to invest on the Czech, Hungarian and Polish bourses. The fund is a good solution for individual customers looking for alternative investment possibilities," said deputy CEO of PKO/CS TFI SA, Tomasz Bogutyn.

"We are also working on a real estate fund, which will differ from those already available on the market but it's too early to reveal all the details," Bogutyn added.